Need to accept large ticket credit cards

May 8, 2024
Commercial Large Ticket

Maximize Savings on High-Dollar Credit Card Transactions

Do you need to accept large ticket credit cards.  Unlock significant savings on processing fees for large credit card transactions. With Revolution Payments, you can slash your costs for accepting commercial, purchase, and government cards by up to 40%.

Don’t let high transaction values eat into your bottom line. Join our program today and start enjoying substantial savings on every large transaction you process.

Commercial Product Large Ticket: Purchasing Card-Non GSA / Corporate

  • Transaction greater than or equal to $7,755.56
  • Purchasing Card-Non GSA Prepaid transaction greater than or equal to $2,908.00
  • Must pass Level II and Level III Data
  • Card Present or Card Not Present eligible
    Commercial Product Large Ticket interchange rate: 1.45% + $35.00

Purchase Advantage 1 0.70% $49.50 transaction amount must be $10,000.01 to $25,000.

Purchase Advantage 2 0.60% $52.50 transaction amount must be $25,000.01 to $100,000
Purchase Advantage 3 0.50% $55.50 transaction amount must be $100,000.01 to $500,000.
Purchase Advantage 4 0.40% $58.50 transaction amount must be greater than $500,000.

GSA Purchasing Card Large Ticket.

  • The transaction must be greater than $5,557.14.
  • Must pass Level II and Level III Data
  • Commercial – Card Present or Card Not Present
  • GSA Purchasing Card interchange: 1.20% + $39.00

 

MasterCard Commercial Large Ticket

  • Transaction amount must be $10,000.00 or
    greater.
  • Settlement date must be within 2 days of the
    transaction date.
  • Must pass Level II and III Data
  • MasterCard Commercial Large Ticket interchange rate: 1.45% + $35.00

 

Unlock Lower Costs with Revolution Payments’ Large Ticket Program

To qualify for our Large Ticket Program, it’s crucial to utilize a payment gateway capable of capturing and passing Level 3 credit card processing data. Note that a credit card terminal won’t suffice for this purpose.

However, merely sending Level 3 detail doesn’t guarantee automatic eligibility for large ticket processing rates or the most favorable interchange rates. That’s why partnering with experienced B2B payment professionals is imperative for efficiently accepting commercial, business, and government credit cards.

What Information is Required for Large Ticket Interchange Rates?

To access large ticket interchange rates, you’ll need to furnish the same data required for Level 3 interchange rates. At Revolution Payments, we streamline this process for you, ensuring seamless transactions.

You’ll need to provide:

  • Merchant Name
  • Transaction Amount
  • Date
  • Item Commodity Code
  • Tax Amount
  • Customer Code (Purchase Order number or PO#)
  • Merchant Postal Code
  • Ship from Postal Code
  • Tax Identification
  • Order Number
  • Duty Amount
  • Merchant Minority Code
  • Merchant State Code
  • Destination Postal Code
  • Invoice Number
  • Item Product Code
  • Item Quantity
  • Item Description
  • Item Unit of Measure
  • Item Extended Amount
  • Freight Amount

Benefits of Our Large Ticket Processing Program

Joining our Large Ticket Program offers numerous advantages, including:

  • Substantial reduction in interchange costs for high-dollar credit card transactions
  • Improved cash flow by reducing Days Sales Outstanding (DSO)
  • Enhanced transaction security

Ready to Cut Costs and Optimize Transactions?

If you need to accept large ticket credit cards enroll in Revolution Payments’ Large Ticket Program today and start saving on your large ticket credit card transactions. Don’t miss out on this opportunity to streamline your payments and boost your bottom line.

888 790 3450 or info@ revolution-payments.com

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